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UNITED FIRE GROUP INC Director's Dealing 2013

Feb 20, 2013

32438_dirs_2013-02-19_3fc7b6b7-38ed-4598-ac3b-5b4476ef2ca6.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNITED FIRE GROUP INC (UFCS)
CIK: 0000101199
Period of Report: 2013-02-15

Reporting Person: Sheeley Michael J. (VP/COO - United Life Ins. Co.)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-02-15 Common Stock A 1034 $23.96 Acquired 2228 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-02-15 Stock Option (right to buy) $23.96 A 3626 Acquired 2023-02-15 Common (3626) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 1367 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (right to buy) $20.93 2022-02-24 Common (2500) 2500 Direct
Stock Option (right to buy) $20.54 2021-02-18 Common (1000) 1000 Direct
Stock Option (right to buy) $16.89 2020-02-19 Common (750) 750 Direct
Stock Option (right to buy) $18.14 2019-05-20 Common (1000) 1000 Direct
Stock Option (right to buy) $34.39 2018-02-15 Common (1000) 1000 Direct
Stock Option (right to buy) $35.23 2017-02-16 Common (1000) 1000 Direct
Stock Option (right to buy) $39.13 2016-02-17 Common (1000) 1000 Direct
Stock Option (right to buy) $32.39 2015-02-18 Common (1000) 1000 Direct
Stock Option (right to buy) $21.66 2014-02-20 Common (900) 900 Direct

Footnotes

F1: This transaction represents a grant of restricted stock to the Reporting Person under the Issuer's 2008 Stock Plan.

F2: The price per share is the closing price of the Issuer's common stock on the date of the reported transaction.

F3: The total number of securities beneficially held directly by the Reporting Person following the reported transaction includes: 1,034 shares of restricted stock issued under the Issuer's 2008 Stock Plan which vest, subject to certain conditions, on 02/15/2018; and 1,194 shares held of record by the Reporting Person.

F4: The exercise price of these stock options represents the closing price of issuer's common stock on the grant date.

F5: 2,900 options that become exercisable in four equal installments of 725 options each on 02/15/2014, 02/15/2015, 02/15/2016 and 02/15/2017; and 726 options that become exercisable on 02/15/2018.

F6: 2,500 options become exercisable in five equal installments of 500 options each on 02/24/2013, 02/24/2014, 02/24/2015, 02/24/2016 and 02/24/2017.

F7: 400 option currently exercisable and 600 options become exercisable in three equal installments of 200 options each on 02/18/2014, 02/18/2015 and 02/18/2016.

F8: 450 options currently exercisable and 300 options become exercisable in two equal installments of 150 options each on 02/19/2014, and 02/19/2015.

F9: 600 options currently exercisable and 400 options become exercisable in two equal installments of 200 options each on 05/20/2013 and 05/20/2014.

F10: All options currently exercisable.